Mobile system on a chip (SoC) is about to get a big boost in speed with Samsung announcing the launch of its latest chip the Exynos 9 Series 8895. The chip is supposed to perform 27 percent faster than its predecessor and consume 40 percent less power; it will also be the first from Samsung to support gigabit LTE, which offers much faster speeds on networks that support it.

The big gains come from Samsung shifting over to a thinner 10nm process for this chip series, allowing it to make a more efficient processor. That means Samsung is following right behind Qualcomm on the move from a 14nm process to a 10nm process. Qualcomm’s latest Snapdragon SoC, the 835, also uses a 10nm process and supposed includes speed improvements and a 25 percent power reduction.

There is no good way to say which company’s 10nm SoC will come out on top until they are checked out in real world applications. Top chips from Samsung and Qualcomm have tended to be roughly equivalent, with each performing a little better in some areas (be it battery usage or graphics) and a little worse in others.

The Exynos 8895 has an octa-core processor, and its GPU is supposed to include graphics improvements for 4K VR and gaming. Samsung says the processor supports video recording at 120FPS 4K and cameras with a resolution up to 28MP. It also supports dual camera setups that allow for features like the iPhone 7 Plus’ portrait mode.

On LTE, Samsung says the chip is capable of doing 1 Gbps in download speeds and 150 Mbps in upload speeds. That is likely far from what you are likely to get in the real world when using a phone that has this SoC, but it is going to mean faster speeds, to some extent, regardless. Samsung achieves the higher speeds by adding support for up to five carrier aggregation — a carrier-side tech update that basically means the phone receives multiple data streams at once.

Samsung says the 8895 is currently in mass production, which means we should see it in a phone very soon. Chances are, that will be the Galaxy S8, which is supposed to be unveiled next month. Samsung tends to put Snapdragon chips in Galaxy phones headed to the US and Europe and Exynos chips in phones that end up in Asia, so the 8895 will likely end up in one model or another of the S8.